Kirkwood Jonathan 5
5 · Fold Holdings, Inc. · Filed Feb 18, 2026
Insider Transaction Report
Form 5
Kirkwood Jonathan
Director10% Owner
Transactions
- Award
Common Stock
[F1]2025-03-06+30,000→ 30,000 total(indirect: Through SATS Credit Fund LP) - Other
Common Stock
[F2]2026-12-19+144,311→ 256,811 total - Award
Warrant to purchase shares of Common Stock
[F1]2025-03-06+37,024→ 37,024 total(indirect: Through SATS Credit Fund LP)Exercise: $15.00From: 2025-03-06Exp: 2030-03-06→ Common Stock (37,024 underlying) - Award
7.0% Convertible Note
[F1]2025-03-06+148,000→ 148,000 total(indirect: Through SATS Credit Fund)Exercise: $12.50From: 2025-03-06Exp: 2030-03-06→ Common Stock (148,000 underlying)
Footnotes (2)
- [F1]SATS Credit Fund LP entered into a transaction with the Issuer on March 6, 2025 pursuant to which it purchased a convertible note (convertible into approximately 3.7 million shares of Common Stock pursuant to the terms therein, the "Convertible Note"), 750,000 shares of Common Stock of the Issuer, and a warrant to purchase 925,590 shares of Common Stock. Starting April 1, 2026, interest on the Convertible Note shall be paid in shares of Common Stock (valued at a price per share of $12.50) with an expected total of 1.1 million of such interest shares payable. For additional information regarding the transaction, see the Form 8-K filed by the Issuer with the SEC on March 12, 2025.
- [F2]The Reporting Person previously held these shares indirectly through Ten31 Join the Fold LLC (the "LLC"). On December 19, 2025, the LLC distributed the shares in a pro rata distribution, for no consideration.
Signature
/s/ Audrey Bartosh, Attorney-in-Fact|2026-02-18